Essentra (ESNT)

Sector:

Support

Index:

FTSE 250

310.00p
   
  • Change Today:
      2.40p
  • 52 Week High: 449.00p
  • 52 Week Low: 206.80p
  • Currency: UK Pounds
  • Shares Issued: 263.22m
  • Volume: 345,018
  • Market Cap: £815.98m

Essentra revenues slide in April amid Covid-19 pandemic

By Iain Gilbert

Date: Thursday 21 May 2020

LONDON (ShareCast) - (Sharecast News) - Components manufacturer Essentra reported a marked decline in sales during April in the wake of the Covid-19 pandemic.

Essentra said on Thursday that group like-for-like revenues were down 17% year-on-year in April, while its components division saw an accelerated slowdown in customer demand, particularly in Europe and the US, of 24% on the same period a year earlier.

The FTSE 250-listed firm cautioned that its May performance was in line or just marginally ahead of the performance seen in the prior month.

For the first quarter as a whole, like-for-like revenues declined 7%, amid 5% declines at both its components and packaging wings.

"The current expectation for May, subject to further adverse pandemic developments, is at least in line with the April performance", Essentra said.

"Nonetheless, the company also recognises that there is a risk of a second wave to the pandemic, which could adversely impact trading beyond Q2."

As of 0845 BST, Essentra shares were down 3.08% at 271p.

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Essentra Market Data

Currency UK Pounds
Share Price 310.00p
Change Today 2.40p
% Change 0.78 %
52 Week High 449.00p
52 Week Low 206.80p
Volume 345,018
Shares Issued 263.22m
Market Cap £815.98m

Essentra Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
22.63% above the market average22.63% above the market average22.63% above the market average22.63% above the market average22.63% above the market average
28.97% above the sector average28.97% above the sector average28.97% above the sector average28.97% above the sector average28.97% above the sector average
Price Trend
37.41% below the market average37.41% below the market average37.41% below the market average37.41% below the market average37.41% below the market average
26.79% below the sector average26.79% below the sector average26.79% below the sector average26.79% below the sector average26.79% below the sector average
Income
11.65% above the market average11.65% above the market average11.65% above the market average11.65% above the market average11.65% above the market average
12.33% above the sector average12.33% above the sector average12.33% above the sector average12.33% above the sector average12.33% above the sector average
Growth
34.28% below the market average34.28% below the market average34.28% below the market average34.28% below the market average34.28% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Essentra Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Sep-19 25-Apr-19
Paid 30-Oct-19 03-Jun-19
Amount 6.30p 14.40p

Trades for 10-Jul-2020

Time Volume / Share Price
16:47 71,435 @ 309.95p
16:35 749 @ 310.00p
16:35 136,363 @ 310.00p
16:29 19 @ 310.60p
16:29 300 @ 309.80p

Essentra Key Personnel

CEO Paul Forman
CFO Lily Liu

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